PwC warns world is unlikely to limit global warming to below 2 degrees

There is “almost zero” possibility of limiting global warming to below 2°C, according to financial services firm PwC

There is “almost zero” possibility of limiting global warming to below 2°C, according to financial services firm PwC.

As part of its latest analysis on the global transition away from carbon in the G20 economies, the accountancy firm said the gap to keeping temperatures to below 2°C as part of the Paris Agreement was widening.

None of the G20 countries are achieving the decarbonisation rate needed to limit warming to 2°C, it said. The analysis found that as global GDP grew at 2.8% last year, carbon intensity continued to fall at a rate of 2.6%, but this is short of the 3% average necessary to meet the national targets pledges in Paris.

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